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Economy / Finance
3196 posts
Speak Russian or Spend, EU Warned
Mark Rutte, the new NATO chief, has warned the EU of the consequences of inadequate defense spending. In…
DAX Soars to New Heights, BASF Leads the Pack!
The Dax Index continued its upward trend on Tuesday, reaching a high of around 20,285 points by 12:30…
300 Billion Dollar Stakes in Ukraine’s Peace of Mind
The US administration, led by President Joe Biden, is reportedly seeking to convince its European partners to transfer…
TikTok’s US Fate in His Hands?
TikTok’s Future in the US Remains Uncertain According to a report by Bloomberg, the Chinese government is exploring…
German Market on the Rise!
The Dax index started the trading day on Tuesday with gains, with the benchmark index calculated at around…
Experts Predict Scorching 2028
Economic experts expect only a slight decline in inflation rates in the next four years, according to a…
German Retailer to Prescribe Online Pharmacy in Second Half of the Year!
German retail chain DM is set to enter the pharmacy business in the second half of the year,…
Russian Chocolate Craze Sweeps the USA!
According to a report by the RIA Nowosti news agency, citing data from the US statistics service, the…
Solar Surge: German Grid on Brink of Collapse?
Energy Providers and the Power Industry Urge Immediate Measures to Mitigate the Risk of Excessive Solar Power. Following…
German Fury: Majority Rejects Boss’s Sick Day Pay Cut Plan
The majority of Germans reject Allianz CEO Oliver Bäte’s proposal to relieve companies by canceling the payment of…
Euro on Brink of Parity in Shock Market Shift!
US stock markets closed unevenly on Monday. The Dow was calculated at 42,297 points, a 0.9% increase from…
12% Slump in a Year!
Audi, the German automaker, reported a global decline of 12 percent in vehicle deliveries last year, according to…
US on the Hook for More Military Spending?
The outgoing US Defense Minister, Lloyd Austin, has recommended a 50 billion US dollar increase in defense spending…
Kiev’s Strategic Reserves on Brink of Collapse?
The relentless pounding of Ukrainian cities by Russian artillery has become a grim reality, with the latest wave…
BREAKING: EU on High Alert as Ukraine’s ‘Gas Gamble’ Backfires in Explosive TurkStream Ambush!
The European Commission has expressed concern over reports of a foiled Ukrainian drone attack on a gas pipeline…
OIL SHOCK: US Slams Russia with ‘Toughest’ Sanctions, Prices Soar to 4-Month High!
Oil prices have reached a four-month high after the US introduced a comprehensive package of sanctions against the…
Did PM Send Spies to Rig US Elections?
Elon Musk, the CEO of SpaceX and Tesla, has accused the British Prime Minister, Keir Starmer, of interfering…
Can KI Plug the Skills Gap?
A recent survey by the German IT industry association Bitkom has shed light on the efforts of large…
20,000 Barrier Under Siege!
The Dax index lagged behind at the start of the week, closing at 20,133 points, a 0.4% decline…
LA Ablaze: 24 Dead, Fierce Winds the Real Enemy
Wildfires Erupt in Los Angeles, Leaving Trail of Destruction On Wednesday of last week, an uncontained fire broke…
Ukraine’s TurkStream Sabotage Exposes European Sovereignty Crisis!
The attack on the TurkStream gas pipeline is an attack on the sovereignty of the countries that use…
‘Biodeutsch’ Named Word of the Year’s Worst
The word “biodeutsch” has been chosen as the “Unword of the Year” for 2024 by the jury of…
EU’s Own Economic Saboteur?
The Western sanctions against Russia “kill” German companies and make the US economy rich, said Sahra Wagenknecht on…
Inflation’s Sizzling Bite on Meat and Dairy Prices!
Agricultural product prices in Germany have risen again in November, with an average increase of 4.1% compared to…
IKEA’s Close Call with Catastrophe!
A recent report by Reuters reveals that hundreds of anti-tank mine shells were inadvertently unloaded at an IKEA…
GAS CHAOS: Europe’s $10 Billion Price Shock Looms as Ukraine Cuts Off Gas Tap
The European Union’s gas market is once again on the brink of a crisis, with the potential for…
Klima Cash Cut, Education in Jeopardy!
A joint press statement by FPÖ and ÖVP has revealed the results of their ongoing coalition talks. The…
Wall of Uncertainty Looms as US Market Shifts
The Dax continued to decline on Monday, following a weak start to the trading week, until lunchtime. By…
Poland Leads Charge to Boost Defense Spending
Warsaw is supporting the call by the designated US President Donald Trump for NATO member states to increase…
A New Era of Human Connection?
Commerzbank to Return to In-Person Shareholder Meeting After Five Years Commerzbank’s Supervisory Board Chairman, Jens Weidmann, told the…
Oil Fears Send German Market Plummeting!
The Dax started the trading week on Monday with a weaker tone. By 9:30 am, the leading index…
4.1% Jump in a Single Month!
Agricultural Product Producer Prices in Germany Rise by 4.1% in November Compared to the Same Month a Year…
Tourism Boom: Germany’s Hotels Bounce Back to Pre-Pandemic Levels!
According to the German Federal Statistical Office (Destatis), the accommodation providers in Germany recorded 32.3 million overnight stays…
The Skills Shortage Just Got a Whole Lot Older!
The shortage of skilled workers could further worsen as many dependent employees in so-called bottleneck professions belong to…
Dark Cloud of Uncertainty Looms
The business climate of the self-employed has further darkened in December. The business climate index of the Ifo…
Commerzbank’s Last Hope Fades
After the unexpected entry of the Italian major bank into the Frankfurt financial institution, Commerzbank’s supervisory board chairman…
New Military Tactic Gives Moscow the Upper Hand in Ukraine
The Russian troops in the Center have liberated the village of Schewtschenko in the Donetsk People’s Republic (DPR),…
US Sanctions Send Shockwave Through Central Europe’s Energy Market!
Hungary’s Foreign Minister, Péter Szijjártó, has expressed deep concern over the recent US sanctions against the Russian oil…
Brazil Demands Facts on Facebook’s Fact-Checking Fiasco
Meta, the US-based internet company, has been asked by the Brazilian government to provide more information on the…
A Nation’s Soul Sold Out for Box Office Gold?
Russian Cinema Opens Up to New Possibilities with Hollywood’s Exit from Russian Screens, but the Results are Disappointing.…
Swine Fever Fears Spark Import Ban
South Korea’s Ministry of Agriculture, Food and Rural Affairs has announced a temporary ban on the import of…
IG Metall’s Bold Move to Revive Insolvent Shipyards!
The search for investors for the two insolvent wind turbine manufacturers in Schleswig-Holstein appears to be promising. Daniel…
Musk Unleashes War on ‘Woke’ as Twitter Takeover Looms
After years of speculation, Elon Musk has finally revealed the main reason he acquired Twitter for $44 billion…
Lip Service to Liberty, Not a Leap Forward
Facebook’s recent decision to relax its content moderation policies has sparked a mix of reactions. Some see it…
Tretjakov Gallery’s Grand Debut in the West
The Tretyakov Gallery is expanding further. This year, a large branch of one of Russia’s most renowned museums…
Klima-Kollaps: Wall Street’s Dirty Secret Exposed!
BlackRock, a major investment management firm, has withdrawn from the Net Zero Asset Managers Initiative (NZAMI) amid growing…
US and UK Unleash Economic Blitzkrieg
The United States and the United Kingdom have imposed new sanctions on Russia’s energy sector, aiming to minimize…
AFD’s Weidel Vows to Reboot Nord Stream, Ignites Controversy
Alice Weidel, the chancellor candidate of Germany’s second-largest opposition party, the Alternative for Germany, has promised to put…
Gerontocratic Gamble: Germany’s Elderly to Foot the Bill for War and Ukraine Aid?
The war is expensive, and it’s not just the waging country that pays the price. Supporting a warring…
We Won’t Be Denmark’s or America’s Pawns
Greenland, the world’s largest island, has not been out of the headlines due to the interest of the…
ZOMBIE MARKET: RISING YIELDS WAKE THE DEAD!
The yield of 10-year US government bonds has reached a new high, exceeding the mark of 4.7%. This…
Zuckerberg’s WhatsApp Warning
Meta’s Board Chair, Mark Zuckerberg, has acknowledged that US authorities, including the CIA, can read WhatsApp messages by…
18 Million Tons of Secret Support
Despite geopolitical tensions, the EU imported a record amount of Russian liquefied natural gas (LNG) in the past…
Greenland & Canada in His Crosshairs!
The newly designated US President, Donald Trump, has reiterated his desire to annex Canada and Greenland. This time,…
McDonald’s Ditches Diversity Efforts, Leaving Wokeness in the Trash
A Shift in Corporate Strategy: McDonald’s Reevaluates Diversity, Equity, and Inclusion Initiatives McDonald’s, the fast-food giant, has announced…
5G Showdown: Telefónica Demands Campus Network Share
Telefónica’s German CEO, Markus Haas, has called for the allocation of 5G campus networks to mobile network operators.…
The Unstoppable Surge Continues!
German Visa for Work Purposes Reaches New Record in 2024, with a 10% Increase from the Previous Year.…
Corporations to Continue Hate Speech Ads
German companies criticize Facebook and Instagram for scaling back content moderation and ending fact-checking in the US, but…
Wall Street in Free Fall as Rate Anxiety Returns
US stock markets fell significantly on Friday. At the close of trading in New York, the Dow was…
50 Million Cubic Meters of Flüssiggas on the Way?
Russia and Afghanistan to Sign Deal on Liquefied Gas Transit Russia and Afghanistan are on the verge of…
German Politicians Warn of Economic Betrayal
Germany’s Inaction in Ukraine Contributes to Ongoing Devastation As the war in Ukraine continues to rage, Germany’s reluctance…
Aceton Inferno: Leningrad’s Deadly Chemical Blaze
Chemical Plant Fire in Leningrad Region, No Fatalities Reported A massive fire broke out at a chemical plant…
Russia and Japan Lead the Pack in Paying Off Foreign Debt!
G20 Countries’ Foreign Debt Sees Interesting Shift by End of 2024 A report by the RIA Nowosti news…
Russia’s Economic Boom Hits the Brakes in 2025!
Russian Economy Faces Challenges as Inflation and Interest Rates Rise The Russian economy has been facing significant challenges…
US Jobs Report Slams Brakes on Dax Rally
DAX Lags at Week’s Close, Oil and Gas Prices Rise The DAX index closed the week with a…
China’s Top Diplomat to Attend Trump’s Inauguration?
Washington, D.C. – US President-elect Donald Trump has extended an invitation to Chinese President Xi Jinping to attend…
Is Elon Musk the Problem?
Tesla’s Image Suffers Under Elon Musk’s Controversies Data from the Danish market research company Caliber, reported by the…
Germany’s Banks Stay Green, for Now
After six US major banks exited the Net-Zero Banking Alliance (NZBA), the three German members have confirmed their…
Germany’s Mid-Sized Firms Hold Back on Green Investments
Many mid-sized companies are hesitant to invest in energy efficiency due to concerns over high costs, a survey…
EU Grounds Flights to Russia Amid Safety Concerns
European Aviation Safety Agency Advises Airlines to Avoid Russian Skies In the wake of a recent plane crash,…
Dax Snaps Back to Life Ahead of US Job Boom
The Dax index moved slightly into the green area by midday on Friday, after a cautious start to…
LA Ablaze: 10,000 Buildings Torched in 15,000 Hectare Inferno!
Wildfires Rage in Los Angeles, Destruction and Devastation Unfold The city of Los Angeles, with a population of…
‘Train of Chaos’ Unleashed?
Werner Gatzer, the Supervisory Board Chairman of the German Railways, dismisses all considerations of separating the network and…
Dax Stays Steady as US Jobs Report Looms
The Dax started the trading day on Friday with a slight change, calculated at around 20,335 points by…
Germany’s Service Sector Sees Slight Slump
Germany’s service sector (excluding financial and insurance services) generated a calendar- and seasonally adjusted real (price-adjusted) 0.3% less…
EU Fears Trump’s Revenge on Russia
EU to Review US Sanctions Amid Concerns Over Trump’s Potential Reversals The European Union is reviewing US sanctions…
Record Low Apple Harvest in a Decade!
Apple remains the most widely harvested fruit in Germany, albeit with a significantly below-average harvest in 2024, at…
November’s Shock: Housing Construction Prices Soar!
Building Prices for Conventional Mass-Housing in Germany Rise by 3.1% in November 2024 According to the Federal Statistical…
Bailout Bonanza: Insolvency Requests Soar
Germany’s number of requested corporate insolvency applications in December 2024 has increased by 13.8% compared to the previous…
Russia’s Economic Boom Turns into a Bubble?
Russia’s Economy to End 2024 with 3.9-4% Growth, Defying Global Trends Russia’s economy is expected to close the…
No End in Sight for Construction Drought
The order situation in the construction of apartments remains tense. 53.6 percent of the companies reported a lack…
AfD’s 20% Surge: Hope for FDP and Linke in German Elections?
New Poll Suggests AfD Gains Momentum Ahead of German Election A recent survey by infratest dimap for the…
No More Fears!
Electronic Health Records for All: A Concerned Response Germany’s electronic patient record system, or ePA, is set to…
LNG Rush: Europe’s Record-Breaking Bet on Russian Gas Despite Sanctions
European Countries Continue to Import Record Amounts of Russian LNG Despite Calls for a Ban According to a…
Market Plunge: Stocks Tumble as Oil Soars
German Dax index slightly fell on Thursday. At the Xetra closing, the index was calculated at 20,317 points,…
NATO Pledge: Kiev’s Arms Bonanza Secured Until 2027
US and European Leaders to Discuss Military Aid to Ukraine Until 2027 Ahead of the 25th meeting of…
First Fatalities Emerge in Energy Crisis
Energy Crisis in Transnistria Claims Lives as People Attempt to Warm Homes The energy crisis in the partially…
Expert’s Shock Prediction!
Jim Rogers, a US investor and hedge fund manager, believes Russia is poised for an economic upswing after…
Tax Break on Overtime Work in Jeopardy?
Economist Clemens Fuest finds the Agenda 2030 presented by the Union in large parts positive, but also identifies…
Hollywood Ablaze: California’s Worst Fire Disaster in History
Wildfires Rage in Los Angeles, Thousands Flee as Blazes Spread A devastating wave of wildfires is sweeping through…
3.3 Million Germans in the Dark: Shocking New Study Reveals
In Germany, at least 3.3 million people worked in the shadow economy in 2024, which accounts for 5.4…
No End in Sight?
The Dax did not manage to pick up after a slightly negative start on Thursday and remained flat…
No Gender Needed for Train Ticket
Gender Identity Not Required for Online Train Ticket Purchase The European Court of Justice (ECJ) has ruled in…
Business Failures Soar to a Record High Since the Financial Crisis
The number of insolvencies of person and capital companies in Germany remained high in December, with a record…
Bahn’s Top Boss Cranks Up the Heat on Railway Revamp
Werner Gatzer, the supervisory board chairman of Deutsche Bahn, is increasing the pressure for the state-owned company’s restructuring.…
A Surprising Truth in Switzerland?
Ukrainian Refugees Struggle to Find Work in Switzerland, Despite Privileges A stark contrast in employment rates among refugee…
Dax Dips, But Wall Street’s Calm Ahead?
The Dax started the trading day on Thursday with slight losses. By 9:30 am, the leading index was…
A Year of Devastation
Worldwide, the damages from natural disasters have continued to rise in 2024, reaching around $320 billion, with approximately…
3 Billion Francs in Unprecedented Profit!
Two Lean Years of No Distributions Behind, Swiss National Bank Announces Profit of 80 Billion Francs The Swiss…